Suite number:
Haddington
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1420 sqft
Occupancy Date:
Mar 2025
$2,389,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.40%
Cumulative Return on Investment in Year 5
84.96%
Property Price at the End of Year 5
$3,079,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$119,495
5% in 90 days
$119,495
12% on Occupancy
$286,788
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $124,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $177,000 | $186,000 | $196,000 | $1,577,000 |
rent income | $33,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $583,000 |
mortgage principal reduction | $20,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $365,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $203,000 | $214,000 | $224,000 | $235,000 | $247,000 | $259,000 | $271,000 | $285,000 | $299,000 | $313,000 | $2,550,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $526,000 | - | - | - | - | - | - | - | - | - | $526,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $131,000 | - | - | - | - | - | - | - | - | - | $131,000 |
operating expense | $18,000 | $28,000 | $29,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $301,000 |
mortgage payment | $77,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $116,000 | $1,124,000 |
total expense investment | $753,000 | $144,000 | $145,000 | $146,000 | $147,000 | $148,000 | $149,000 | $150,000 | $151,000 | $152,000 | $2,082,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$549,932 | $70,000 | $79,000 | $90,000 | $100,000 | $111,000 | $123,000 | $135,000 | $148,000 | $162,000 | $468,000 |
cumulative roi | $26 | $44 | $59 | $73 | $85 | $96 | $107 | $117 | $127 | $136 | $869 |
Glen Hill Condos
Address: Toronto C04, Ontario
Price Range: $1,401,000 - $6,658,000
Avail. suites: 30
1—4.5 bd
641—5000 SqFt